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(7)(i)
CITY COMMISSION REGULAR MTG
Meeting Date:
06/06/2018
Title:
Appointing an independent registered municipal financial advisor
Submitted For:
Laura Boyd
Submitted By:
Laura Boyd, Finance
Department:
Finance

Information

ACTION REQUEST (Brief Summary)

Consider and take action on Resolution No. 18-053, appointing an independent registered municipal advisor. (Finance)

BACKGROUND

The City will be represented by and rely upon this specified municipal advisor to provide advice on proposals from financial services firms concerning the issuance of municipal securities and municipal financial products including investments of bond proceeds and escrow investments. 

We recommend appointing Drew Masterson of Masterson Advisors, LLC as the City's municipal advisor.  Mr. Masterson is the managing director of Masterson Advisors and will serve as primary contact.

ANALYSIS

ALTERNATIVES CONSIDERED


Fiscal Impact